The nature of the workforce is changing. By 2030, 50% of today’s jobs will be redundant. In the United States, 47% of current jobs are predicted to be automated. Participating in the workforce of the future will require the ability to innovate through technology. Since Intel is seeking to redefine what it means to be an innovator by expanding who has access to technology skills and experiences, the annual World Bank Youth Summit in Washington DC was an ideal venue to engage with young entrepreneurs.
On December 4th – 5th, the World Bank Group welcomed 400 youth from over 100 countries to the 2017 event focused on Technology and Innovation for Impact and included a competition in which six finalists pitched their ideas to attendees and expert judges. I was graciously selected by the Youth Summit to participate as an expert judge. Finalists were selected from more than 500 applicants and were limited to seven minutes to pitch their ideas making sure to cover the following criteria:
- Clarity, scope, and relevance of the problem and of the proposed solution
- Innovation and originality
- Feasibility of implementation
- Potential for impact
The finalists’ projects ranged from concept to implemented and included weather insurance for farmers in Mali, e-clinics for women in Pakistan, energy reform using blockchain in India, mobile application for charity in South Africa, a platform to formalize the domestic worker sector in Southeast Asia, and the collection of vital statistics in neonatal health services in Nigeria.